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South West
Thursday 8 July 2021

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Top Story

Financial services tech firm acquired by Canadian company

A Bath-based financial services technology specialist has been acquired a Canadian software company.
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Insider Feature
Feature 1

Business Matters: Podcast – Ice cream entrepreneur shares secrets of export success

In the latest episode of PKF Francis Clark’s Business Noodles & Doodles podcast, Amanda Stansfield shares the lengths she went to in order to win her first export orders. And she explains how selling internationally has transformed the business from a seasonal enterprise to a thriving year-round operation.
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Deals

CMO Group boss hails “landmark day” after successful IPO

The chief executive of CMO Group has hailed a "landmark day" for the online-only retailer of building materials after its shares were admitted to trading on the AIM market of the London Stock Exchange.
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Management teams showing “increasing appetite and ambition for growth”

LDC, the private equity arm of Lloyds Banking Group, provided £180m of investment to back eight new management teams and to support its portfolio companies in the first half of 2021. The firm said the investments demonstrated an "increasing appetite and ambition for growth" among the management teams of UK mid-market businesses.
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Edible insect business secures Start Up Loan funding

A new Wiltshire food business using cricket powder to help combat the environmental impact of industrial meat production has received Start Up Loan funding via SWIG Finance.
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Insider Feature
Feature 2

Business Matters: The Future of Marine Innovation in Plymouth

Rob Watson from Plymouth City Council says from Drake to Darwin through to the present day, Plymouth has been the UK's acknowledged centre for marine innovation.
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Business

WH Smith to open InMotion stores at major UK airports

Swindon-headquartered retailer WH Smith is to open 18 technology and accessories stores under its InMotion brand across major UK airports. 
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Revenue rockets by more than 50 per cent at Redde Northgate

Revenue has rocketed by more than 50 per cent at commercial vehicle hire business Redde Northgate.
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Jet2 slips to £370m loss following Covid-19 impact

Jet2 has reported a loss of more than £370m in its full-year results after Covid-19 international travel restrictions led to the grounding of its aircraft for more than half the year.
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Insider Feature
Feature 3

Business Matters: Harnessing the energy of your employees

Jonathan Riley, practice leader and tax partner for Grant Thornton UK LLP in Bristol and the South West, looks at how Employee Ownership Trusts can be used to harness the energy of employees and be a useful way in which to plan for succession in a business.
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Property

Bristol launch for off-market property app

Zump, a new off-market property app, has launched in Bristol. The business was co-founded by former Bristol Bears player Danny Gray.
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Strong start for Persimmon as sales return to 2019 levels

Listed housebuilding giant Persimmon has reported a strong opening to its financial year with sales returning to 2019 levels.
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Manufacturing

LCV market recovery slowed by supply shortages

Growth in the light commercial vehicle market slowed during June following a bumper recovery in April and May, according to new figures.
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Other News

NEW 2021 South West Top 500 Companies data - now available to order

Member Exclusive News

Aerospace funding for Cornish start-up

A start-up from Falmouth University’s venture studio, Launchpad, has received an offer of funding from Aerospace Cornwall allowing it to move into the next phase of development.  
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ISG awarded £21.8m logistics development contract

Main contractor ISG has been awarded a £21.8m construction contract to complete a major warehouse/logistics development for joint venture developer Richardson Barberry.
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